3D imaging technology is being extensively adopted by various industry verticals for several purposes such as better visualization and improved imaging, which has increased the demand of this technology among organizations. It is currently being used across the medical and healthcare vertical for augmented patient care and diagnosis that has encouraged 3D imaging vendors to offer superior imaging solutions meeting their specific requirements within the medical industry.

3D imaging provides a visual effect that generates a perception of depth and viewers get an enriched 360-degree viewing experience of the image. Due to the low quality visualization, this technology was gradual in adoption. However, the emergence of improved technologies such as the 3D displays and 3D image sensors, capable of delivering high resolution visuals, has stimulated the adoption of 3D imaging among diverse verticals. The commercialization of 3D imaging solutions has increased across a wide range of products such as animation, smart phones, computers, televisions, gaming, cameras and camcorders, along with various industries.

The 3D imaging market continues to evolve and exhibit expansive growth in the years to come. This market is expected to grow substantially with fast-paced adoption in healthcare and media and entertainment industry verticals. The major driving force for the market is the increasing need for better visualization and refining of end products through 3D modeling.

The report spans the overall structure of the 3D imaging market and provides premium insights that can help solution providers, technology providers, system integrators, and device and hardware manufacturers to identify the need of various industry verticals. The report analyzes the growth rate and penetration of 3D imaging across all the major regions.

The 3D imaging market report has been segmented on the basis of technologies, solutions, hardware, industry verticals, and regions. This market is gaining traction which is evident from the various developments undertaken by the major market players. Key players such as Konica Minolta, Google, Inc., Lockheed Martin, Able Software, Panasonic, Agilent Technologies, GE Healthcare, Philips Healthcare, and TomTec Imaging solutions are offering their solutions to several organizations across various industry verticals.

This report analyzes the global adoption trends, future growth potentials, key drivers, restraints, opportunities, and best practices in the 3D imaging market. The report also examines growth potential, market sizes, and revenue forecasts across different regions.

The report forecasts the market sizes and trends of 3D imaging in the following submarkets:

3D imaging is largely driven by the fact that it delivers an image with a third dimensional depth and offers a broad range of applications. This technology is expansively adopted across the media and entertainment vertical. However, the lack of 3D content is hindering the growth of this market. Furthermore, security and defense industry is substantially utilizing its benefits primarily in simulation, facial identification, and target (object, weapons or explosives) detection. Moreover, the automotive and construction sectors are increasingly adopting 3D imaging technology for designing, modeling, previewing, and rectifying the final versions of the end products this in turn is adding to the growth of this market. Furthermore, the necessity of this technology cannot be denied across manufacturing, automotive and other industrial applications as it is helpful in creating dummy parts.

With the rapid progressions in 3D technology, 3D imaging continues to keep growing extensively in medical and healthcare industry for surgical applications, diagnosis via MRI, CT scan, X-ray and ultrasound. Moreover, its application has broadened across oral healthcare and oncology. The large latent potential of this technology lies within industrial applications, media and entertainment, consumer electronics, and automotive sectors. With the competencies of being able to provide a photorealistic view and diverse-vertical application, the 3D imaging market is growing steadily. For the next five years, it is expected to be adopted at a very high rate and within almost every industry.

The adoption of 3D imaging solutions is expansive among the healthcare and medical industry, to offer better patient services as it gives comprehensive visibility for diagnosis. Moreover, North America, in general, and the U.S. and Canada, in particular, are rapidly adopting 3D imaging as there is a substantial need among organizations ranging from the healthcare to the entertainment industries for offering enriched services to its customers.

The 3D imaging market is rapidly gaining traction which is evident with the partnerships of Konica Minolta with STEAMTrax, and Panasonic with Leica Camera AG. Various 3D imaging providers such as Konica Minolta, Google, Inc., Lockheed Martin, Able Software, Panasonic, Agilent Technologies, GE Healthcare, Philips Healthcare, and TomTec Imaging solutions are offering advanced 3D imaging solutions, technologies, and devices pertaining to the needs of both diverse verticals. Besides this, various technology providers and open source communities are developing innovative techniques such as advanced 3D, integration with 4D and wearable technology, along with developing 3D content, for improved imaging. In addition, the cloud services providers are also offering their cloud-based 3D imaging solution such as CAD solutions to organizations that are having budget limitations for adoption of 3D imaging. Thus, 3D imaging vendors, technology providers, Open Source Platform communities, 3D imaging device vendors, hardware vendors, and cloud services providers are also adding significant value to the market. Nevertheless, this fragmentation in the market has complicated the vendor consideration in the 3D imaging market, thereby augmenting vendor consolidation trend in the next five years.

MarketsandMarkets expects the 3D imaging market to grow from USD 4.9 Billion in 2015 to USD 16.6 Billion by 2020, at a Compound Annual Growth Rate (CAGR) of 27.5% during the forecast period.

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